Serviced offices, commonly known as managed offices, are a modern solution for today’s businesses which need to keep their options open and require affordable and easily maintained premises. Most serviced or managed offices are located in the business districts of large progressive cities throughout the developed world. These offices are fully managed by a facility management company which rents out entire floors or individual offices to businesses.
Popularity of serviced offices
The increase in the popularity of serviced offices as opposed to conventional options is seen to reflect the economic climate to a certain extent. In these uncertain times, most companies are reluctant to commit to long term accommodation arrangements and are looking to avoid a large capital outlay on renting premises.
Serviced offices can be available for companies to rent within 24 hours of entering into a rental agreement. There are no costly or complicated legal issues to resolve when renting serviced office space. The turnkey arrangement will enable your company to be fully functioning within a matter of hours.
Serviced offices are a simple, streamlined way of locating your business in a prestigious area, raising the profile and prestige of your business. Appearances are important and potential clients will be more impressed if your offices are modern, well-equipped and located in an area of similar offices. Being located in prime positions means that access is easy and this is important, particularly for visiting clients.
Although the appeal of serviced offices lies in the flexibility of their short-term arrangements, many companies still choose them as a permanent option instead of using traditional offices. Serviced offices also appeal to companies who have a requirement for one-off projects, or for branch offices and for overflow space. Their adaptability makes them multi-functional which is appealing in this uncertain world where diversity and flexibility is often the key to a company’s success.
Serviced offices can help new businesses with cash flow as there is no need for the initial capital outlay associated with renting traditional offices. These modern offices are fully equipped with office furniture and are pre-wired for speedy internet access and modern telephone systems. Most of these facilities are paid for in the monthly rent, avoiding the need for costly investment prior to trading. Whether you require offices to rent in Mayfair or Edinburgh, serviced offices can cater for your company’s economical and corporate needs.
The business world is increasingly dependent on the latest technology for its progression and even for conducting basic transactions. Gone are the days when meetings involved extensive travel and pre-planning by all parties. Advances in technology has meant that video conferencing has largely negated the need for face-to-face meetings, being more cost effective and often more efficient. Video conferences can also be arranged at relatively short notice.
For all business owners wanting office space in Bristol, Edinburgh, Birmingham, Leeds, Manchester or London, Abacus Real Estate can assist with your office requirements which will be tailored to meet your individual needs.